Esplanade - PO38 1JP
Key Postcode Insights
PO38 1JP is a residential postcode situated on Esplanade, Ventnor, PO38 with 14 addresses.
It ranks as the 341st largest and 344th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 14 properties: 11 flats and 3 other properties.
- Ave. Sale Price
- £340,138
- 10 Year change
- up 17.0%
- Ave. Rental Price
- £1,466pcm
- 10 Year change
- up 32.4%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
PO38 1JP is a residential postcode situated on Esplanade, Ventnor, PO38 with 14 addresses.
It ranks as the 341st largest and 344th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 14 properties: 11 flats and 3 other properties.
- Ave. Sale Price
- £340,138
- 10 Year change
- up 17.0%
- Ave. Rental Price
- £1,466pcm
- 10 Year change
- up 32.4%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin PO38 1JP
- 1 Esplanade
Building  |  2 Flats
- 2 Esplanade
Building  |  2 Flats
- 3 Esplanade
Building  |  2 Flats
- 4 Metropole Esplanade
3 Bed Flat
- 5 Metropole Esplanade
3 Bed Early-century Flat
Sales Market Trends
The last sale in PO38 1JP sold for £330,000 on 31st March 2021. Since then prices are down an average of 2.7%.
The current average value in the postcode is £340,138.
The PO38 1JP Sales Market has increased by 17.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -5% | £340,138 |
| June 2025 | 0.9% | £357,939 |
| June 2024 | -7.1% | £354,660 |
| June 2023 | 1.5% | £381,809 |
| June 2022 | 5.9% | £376,131 |
| June 2021 | 6.5% | £355,342 |
| June 2020 | 9.5% | £333,749 |
| June 2019 | 6.1% | £304,848 |
| June 2018 | 0.4% | £287,346 |
| June 2017 | -1.6% | £286,199 |
| June 2016 | 6.3% | £290,720 |
| June 2015 | 3.9% | £273,451 |
| June 2014 | 2% | £263,181 |
| June 2013 | -4.8% | £258,097 |
| June 2012 | -1.1% | £271,131 |
| June 2011 | -3.3% | £274,023 |
| June 2010 | 8.4% | £283,450 |
| June 2009 | -7.7% | £261,401 |
| June 2008 | -0.5% | £283,148 |
| June 2007 | 0% | £284,675 |
Rental Market Trends
The current average rental value in the postcode is £1,466.
The PO38 1JP Rental Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,466pcm |
| June 2025 | 1.9% | £1,431pcm |
| June 2024 | 8.9% | £1,404pcm |
| June 2023 | 7.5% | £1,290pcm |
| June 2022 | 6.7% | £1,200pcm |
| June 2021 | 3.9% | £1,125pcm |
| June 2020 | 0.7% | £1,083pcm |
| June 2019 | 2% | £1,075pcm |
| June 2018 | -0.7% | £1,054pcm |
| June 2017 | -4.1% | £1,061pcm |
| June 2016 | 4.6% | £1,107pcm |
| June 2015 | 4.9% | £1,058pcm |
| June 2014 | 4.9% | £1,009pcm |
| June 2013 | 1.8% | £961pcm |
| June 2012 | -1.3% | £945pcm |
| June 2011 | 5.2% | £957pcm |
| June 2010 | 7.1% | £910pcm |
| June 2009 | -2.9% | £850pcm |
| June 2008 | 4.1% | £875pcm |
| June 2007 | 0% | £841pcm |
Sales History
The last sale was on 31st March 2021 for £330,000 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 19 sales since 1995.
PO38 1JP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2021£330,000 | 3 Bed Flat3 Metropole, Esplanade, Ventnor, PO38 1JP3 Metropole, Esplanade, Ventnor, PO38 1JP
- Sold Feb 2021£370,000 | 3 Bed Flat5 Metropole, Esplanade, Ventnor, PO38 1JP5 Metropole, Esplanade, Ventnor, PO38 1JP
- Sold Aug 2018£300,000 | 3 Bed Flat3 Metropole, Esplanade, Ventnor, PO38 1JP3 Metropole, Esplanade, Ventnor, PO38 1JP
- Sold Oct 2016£350,000 | 3 Bed Flat3 Metropole, Esplanade, Ventnor, PO38 1JP3 Metropole, Esplanade, Ventnor, PO38 1JP
- Sold Jun 2013£499,950 | 4 Bed Flat11 Metropole, Esplanade, Ventnor, PO38 1JP11 Metropole, Esplanade, Ventnor, PO38 1JP
Nearby Postcodes
PO38 1JP is the 341st largest and the 344th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1JW, Esplanade Road, Ventnor, PO38PO38 1JW13 Addresses|28 m away
- PO38 1JT, Esplanade, Ventnor, PO38PO38 1JT7 Addresses|51 m away
- PO38 1JR, Esplanade, Ventnor, PO38PO38 1JR8 Addresses|53 m away
- PO38 1JN, Marine Parade, Ventnor, PO38PO38 1JN17 Addresses|81 m away
- PO38 1ED, Church Street, Niton, Ventnor, PO38PO38 1ED19 Addresses|87 m away
Property Types
- 6 period flats built between 1800 and 1911
- 2 modern flats built after 1980
- 2 flats of an unknown age
- 1 early-century flat built between 1912 and 1935
- 3 other addresses of unknown type
- period flat (6)
- modern flat (2)
- flat (2)
- early-century flat (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (2)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Mar 2024£825,000 | 4 Bed Flat3 Riviera, Esplanade, Ventnor, PO38 1JT3 Riviera, Esplanade, Ventnor, PO38 1JT
- Sold Oct 2021£680,000 | 4 Bed HouseLobster Lodge, Esplanade, Ventnor, PO38 1JRLobster Lodge, Esplanade, Ventnor, PO38 1JR
- Sold Jun 2018£670,000 | 4 Bed HouseBalmoral, Esplanade, Ventnor, PO38 1JXBalmoral, Esplanade, Ventnor, PO38 1JX
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.2 km away
- Wroxall Primary School2.8 km away
- St Blasius Shanklin CofE Primary Academy4.4 km away
- The Island Free School1.1 km away
- Christ The King College13.4 km away
- Carisbrooke College13.8 km away
More reading links
Public Transport Nearby
The closest station to PO38 1JP is Shanklin station, which is 4.9 kilometres away.
- Shanklin|4.9 km away
- Lake|6.6 km away
- Sandown|7.7 km away
- Brading|10.6 km away
